BROAD INDICES 1 STOXX® AFRICA 90 INDEX

Stated objective Key facts STOXX global benchmark indices provide a broad yet liquid »Broad and liquid benchmarks for market regions and countries representation of different regions and countries. worldwide The indices are derived from their respective Total Market Index (TMI). They are weighted according to free-float market cap and » Broad number of components cover about 95% of the free-float market cap of the relevant region or country. » Serve as benchmarks for their respective regions/actively managed funds

» Serve as an underlying for a variety of financial products, are used for academic research and receive wide media coverage

Descriptive statistics Index Market cap (EUR bn.) Components (EUR bn.) Component weight (%) Turnover (%) Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 months STOXX Africa 90 Index 430.7 272.9 3.0 1.4 36.1 0.5 13.2 0.2 7.7 STOXX Africa Total Market Index 474.5 291.5 1.6 0.6 36.1 0.0 12.4 0.0 8.8 Supersector weighting (top 10) Country weighting

Risk and return figures1 Index returns Return (%) Annualized return (%) Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y STOXX Africa 90 Index 3.4 17.8 24.7 29.1 75.4 49.5 27.3 24.2 8.7 11.5 STOXX Africa Total Market Index 3.5 18.1 25.3 31.6 65.7 50.4 27.7 24.8 9.3 10.3

Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2 STOXX Africa 90 Index 12.1 14.9 15.6 17.4 18.0 2.4 1.7 1.5 0.5 0.6 STOXX Africa Total Market Index 11.6 14.0 14.6 16.1 16.4 2.6 1.8 1.6 0.6 0.6

Index to benchmark Correlation Tracking error (%) STOXX Africa 90 Index 1.0 1.0 1.0 1.0 1.0 0.8 1.1 1.2 2.0 3.8

Index to benchmark Beta Annualized information ratio STOXX Africa 90 Index 1.0 1.1 1.1 1.1 1.1 -0.6 -0.2 -0.2 -0.2 0.3

1 For information on data calculation, please refer to STOXX calculation reference guide. 2 Based on Euribor1m (EUR, gross return), all data as of Aug. 29, 2014

INNOVATIVE. GLOBAL. INDICES.

BROAD INDICES 2 STOXX® AFRICA 90 INDEX Fundamentals (for last 12 months) Index Price/earnings Price/earnings Price/ Dividend Price/ Price/ incl. negative excl. negative book yield (%) sales cash flow Trailing Projected Trailing Projected Trailing Trailing Trailing Trailing STOXX Africa 90 Index 17.9 12.8 16.5 12.8 2.6 3.6 1.9 10.1 STOXX Africa Total Market Index 18.6 12.8 16.0 12.8 2.5 3.6 1.8 10.1

Performance and annual returns3 Methodology The universe is the relevant Total Market Index (TMI). All stocks in the index universe are ranked by free-float market cap to produce the index selection list. Target coverage: 95% of the free-float market cap of the index universe.The detailed methodology including the calculation formula can be found in our rulebook : www.stoxx.com/indices/rulebooks.html

Version and symbols Quick facts Index ISIN Symbol Bloomberg Reuters Weighting Free-float market cap Gross Return EUR CH0149421429 SXAF9BGR SXAF9BGR Index .SXAF9BGR 20% Net Return EUR CH0149421445 SXAF9BR SXAF9BR Index .SXAF9BR Cap factor Price EUR CH0149421460 SXAF9BP SXAF9BP Index .SXAF9BP No. of components Fixed component (exact number indicated in index name) Gross Return USD CH0149421437 SXAF9BGV SXAF9BGV Index .SXAF9BGV Net Return USD CH0149421452 SXAF9BV SXAF9BV Index .SXAF9BV Review frequency Quarterly (March, June, September, December) Price USD CH0149421478 SXAF9BL SXAF9BL Index .SXAF9BL To learn more about the inception date, currency versions, calculation hours and Complete list available here: www.stoxx.com/data/vendor_codes.html historical values, please see our data vendor code sheet.

3 STOXX data from Sep. 19, 2005 to Aug. 29, 2014 (EUR, gross return), all data as of Aug. 29, 2014

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STOXX is part of Deutsche Boerse and SIX CUSTOMIZATION The index can be used as a basis for the definition of STOXX® Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers customization in almost unlimited forms for example in terms of component selection, weighting schemes and personalized calculation methodologies. DISCLAIMER STOXX® indices are protected through intellectual property rights. STOXX and EURO STOXX 50 are registered trademarks. The use of the STOXX® indices for financial products or for other purposes requires a license from STOXX. STOXX does not make any warranties or representations, express or implied with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data. STOXX is not providing investment advice through the publication of the STOXX® indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX on the merits of that company. Financial instruments based on the STOXX® indices are in no way sponsored, endorsed, sold or promoted by STOXX. BACKTESTED PERFORMANCE This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance .

BROAD INDICES 3 STOXX® AFRICA 90 INDEX

Components4

Company Supersector Country Weight (%) Naspers Ltd Media ZA 12.84 Sasol Ltd Oil & Gas ZA 8.86 MTN Group Ltd Telecommunications ZA 8.40 Standard Bank Group Ltd/South Banks ZA 5.48 FirstRand Ltd Banks ZA 3.26 Sanlam Ltd Insurance ZA 2.64 Remgro Ltd Industrial Goods & Services ZA 2.40 Aspen Pharmacare Holdings Ltd Health Care ZA 2.20 Steinhoff International Holdin Personal & Household Goods ZA 2.17 Bidvest Group Ltd Industrial Goods & Services ZA 2.14 AngloGold Ashanti Ltd Basic Resources ZA 2.00 Barclays Africa Group Ltd Banks ZA 1.73 Shoprite Holdings Ltd Retail ZA 1.68 GUARANTY TRUST BANK Banks NG 1.51 WOOLWORTHS HDG. Retail ZA 1.50 Impala Platinum Holdings Ltd Basic Resources ZA 1.43 Tiger Brands Ltd Food & Beverage ZA 1.41 Nedbank Group Ltd Banks ZA 1.28 ZENITH INTERNATIONAL BK. Banks NG 1.21 Commercial International Bank Banks EG 1.20 Vodacom Group Ltd Telecommunications ZA 1.15 NIGERIAN BREWERIES Food & Beverage NG 1.03 IMPERIAL Industrial Goods & Services ZA 0.97 GROWTHPOINT PROPS. Real Estate ZA 0.94 LIFE HEALTHCARE GP.HDG. Health Care ZA 0.94 NETCARE Health Care ZA 0.92 MR PRICE GROUP Retail ZA 0.90 FBN HOLDINGS PLC Banks NG 0.89 DISCOVERY LTD Insurance ZA 0.84 MEDICLINIC INTERNATIONAL Health Care ZA 0.83 Anglo Platinum Ltd Basic Resources ZA 0.81 RMB Holdings Ltd Banks ZA 0.78 Gold Fields Ltd Basic Resources ZA 0.76 REDEFINE PROPERTIES Real Estate ZA 0.74 Truworths International Ltd Retail ZA 0.73 MMI HOLDINGS Insurance ZA 0.66 CORONATION FD.MGRS. Financial Services ZA 0.65 NAMPAK Industrial Goods & Services ZA 0.60 INVESTEC Financial Services ZA 0.59 MONDI Basic Resources ZA 0.57 ATTIJARIWAFA BANK Banks MA 0.56 Sibanye Gold Basic Resources ZA 0.56 Global Telecom Holding Telecommunications EG 0.55 BARLOWORLD Industrial Goods & Services ZA 0.54 THE FOSCHINI GROUP Retail ZA 0.54 Kumba Iron Ore Ltd Basic Resources ZA 0.52 SAPPI Basic Resources ZA 0.51 MAROC TELECOM Telecommunications MA 0.51 ASSORE Basic Resources ZA 0.51 UNITED BANK FOR AFRICA Banks NG 0.47 AVI Food & Beverage ZA 0.47 BANQUE CENTE.POPULAIRE Banks MA 0.46 African Rainbow Minerals Ltd Basic Resources ZA 0.45 PPC LTD Construction & Materials ZA 0.43 SPAR GROUP Retail ZA 0.43 RESILIENT PR.INC.FD. Real Estate ZA 0.43 ECOBANK NIGERIA Banks NG 0.43 Exxaro Resources Ltd Basic Resources ZA 0.42 LIBERTY HOLDINGS Insurance ZA 0.42 CAPITAL PROPERTY FD. Real Estate ZA 0.41 PIONEER FOOD GROUP Food & Beverage ZA 0.39 OMNIA Chemicals ZA 0.39 TONGAAT-HULETT Food & Beverage ZA 0.36 CLICKS GROUP Retail ZA 0.35 DANGOTE CEMENT Construction & Materials NG 0.35 AECI Chemicals ZA 0.35 Talaat Moustafa Group Real Estate EG 0.35 ACCESS BANK NIGERIA Banks NG 0.34 TRENCOR Industrial Goods & Services ZA 0.33 MASSMART Retail ZA 0.32 SUN INTERNATIONAL Travel & Leisure ZA 0.32 BMCE BANK Banks MA 0.31 HYPROP INVESTMENTS Real Estate ZA 0.31

4 Based on the last periodic review implementation

BROAD INDICES 4 STOXX® AFRICA 90 INDEX

Components4

Company Supersector Country Weight (%) UNION BANK OF NIGERIA Banks NG 0.30 DOUJA PROM ADDOHA Real Estate MA 0.30 NORTHAM PLATINUM Basic Resources ZA 0.30 Harmony Gold Mining Co Ltd Basic Resources ZA 0.29 PSG GROUP Financial Services ZA 0.28 PICK N PAY STORES Retail ZA 0.28 CAPITEC BANK Banks ZA 0.27 REUNERT Industrial Goods & Services ZA 0.27 LAFARGE CIMENTS Construction & Materials MA 0.26 African Bank Investments Ltd Financial Services ZA 0.25 MURRAY & ROBERTS Construction & Materials ZA 0.25 GUINNESS NIGERIA Food & Beverage NG 0.23 DATATEC Technology ZA 0.23 ADCOCK INGRAM HOLDINGS Health Care ZA 0.22 AVENG Construction & Materials ZA 0.20 DANGOTE SUGAR REFINERY Food & Beverage NG 0.19 WLSN.BAYLY HOLMES-OVCON Construction & Materials ZA 0.16

4 Based on the last periodic review implementation